Fund Profiles

Global Equity Fund

  • As at June 30, 2015
  • Morningstar RatingTM: 5Stars RED
  • Fund Managers:
    Paul Moroz, CFA
    Jim Hall, CFA
  • Fund Inception Date: October 22, 2009
  • Fund Net Asset Value: $1074.5 million
  • Total Net Asset Value (Series A): $273.2 million
  • Net Asset Value Per Unit: $20.82
  • RRSP Eligibility: Yes
  • Management Expense Ratio: 1.41% (as at Dec 31, 2014)
  • Trading Expense Ratio: 0.12%* (as at Dec 31, 2014)
  • Fund Code: MAW120

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What does this Fund Invest In?

The Fund invests in equity securities of companies from around the world. The Manager will allocate capital to the best global opportunities, which may include both large and small capitalization companies. Treasury bills or short-term investments, not exceeding three years to maturity, may also be used from time to time.

Investor Suitability

Investors seeking long-term above-average growth who can tolerate equity volatility. Medium to high risk.

Investment Strategy

In order to achieve its investment strategy objectives, the Manager systematically creates a broadly diversified portfolio of wealth-creating companies with excellent management teams bought at discounts to their intrinsic values. The Manager employs a highly disciplined, research-driven, bottom-up process and long-term holding period to allow for investor recognition or corporate growth, and to minimize transaction costs.


Net Performance

 

1-Yr

3-Yr

5-Yr

10-Yr

Mawer Global Equity Fund

19.1

22.6

18.8

-

MSCI World Index (Net)

18.9

22.3

16.8

6.6


Number of Holdings (Equities):

69

Number of Countries:

17


Sector Weights

GEF SectorWeights 2Q15


Top 10 Countries

GEF Top10Countries 2Q15


Top 25 Equity Holdings

% Share

Aon PLC

4.1

Wells Fargo & Co

4.1

BlackRock Inc

3.9

Becton Dickinson and Co

3.2

Roche Holding AG

2.9

Verizon Communications Inc

2.7

Novartis AG

2.6

Markit Ltd

2.5

General Electric Co

2.5

Constellation Software Inc/Canada

2.5

JPMorgan Chase & Co

2.2

Deutsche Boerse AG

2.2

China Mobile Ltd

2.0

United Technologies Corp

2.0

Illinois Tool Works Inc

2.0

Swisscom AG

1.9

DCC PLC

1.9

Brookfield Asset Management Inc

1.9

DBS Group Holdings Ltd

1.7

Nihon Kohden Corp

1.7

Johnson & Johnson

1.6

Procter & Gamble Co/The

1.6

AMETEK Inc

1.6

Lawson Inc

1.5


Read Full Disclosure

This document is for information purposes only. Please consult the Simplified Prospectus or Fund Facts before investing.

Mutual funds are not guaranteed. Values can change frequently and past performance is not indicative of future performance. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. (Mutual fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per share or that the full amount of your investment will be returned to you.)

Performance returns for the Mawer Mutual Funds are calculated by Mawer Investment Management Ltd. These returns are historical simple returns for the 1 year period and are annualized compounded total returns for periods after 1 year. They include changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.

Index returns are supplied by a third party – we believe the data to be accurate, however, cannot guarantee its accuracy.

© 2015 Morningstar Research Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) in not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

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